Banking Featured Gambling Law Online Casinos Online Poker UIGEA

Some Thoughts on the Implementation of the UIGEA


As you may already know, the Unlawful Internet Gambling Enforcement Act (UIGEA) came into effect on June 1st, 2010 and it was supposed to stop players from making deposits into online gambling sites.

However, players continue to be successful when depositting making the UIGEA not function as it was intended. There are very few sites that have been affected by the legislation but, overall, credit cards have been the most affected with the change, not because of an inability to fund accounts, but the minimum deposit that is required.

Several online gambling sites are raising their minimum deposit limits. This affects mostly low stakes players who were looking for a little bit of fun without risking too much money. Some online gambling sites have doubled their minimum deposit and some require specific payment methods.

The thoughts on the UIGEA are that it has only succeeded in preventing online gambling from becoming taxed and regulated in the United States.